A 65-year-old retiring this year can expect to spend an average of $165,000 on healthcare and medical expenses during their retirement — up nearly 5% from a year ago and more than double the forecast in 2002, according to Fidelity Investments.
The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.